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  2. Don’t Make This Mistake — Create a Trust Instead of a Will

    www.aol.com/don-t-mistake-create-trust-180010051...

    Trusts also reduce the ease of challenges to your wishes, which is a part of probate court. Trusts Give You Control. With a trust, you can leave specific instructions for the distribution of your ...

  3. I Used to Think a Will Was the Best Way to Pass Down an ... - AOL

    www.aol.com/used-think-best-way-pass-103600889.html

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  4. What happens to your investment accounts after you die? - AOL

    www.aol.com/finance/what-happens-to-investment...

    Ohio (ended in 1991) ... the probate court will hold the funds until their 18th birthday. Instead, you can set up a trust to specify exactly how and when your children receive the money ...

  5. Testamentary capacity - Wikipedia

    en.wikipedia.org/wiki/Testamentary_capacity

    The requirements for testamentary capacity are minimal. Some courts have held that a person who lacked the capacity to make a contract can nevertheless make a valid will. . While the wording of statutes or judicial rulings will vary from one jurisdiction to another, the test generally requires that the testator was aware

  6. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Probate is a process where the decedent's purported will, if any, is entered in court, after hearing evidence from the representative of the estate, the court decides if the will is valid, a personal representative is appointed by the court as a fiduciary to gather and take control of the estate's assets,

  7. Probate court - Wikipedia

    en.wikipedia.org/wiki/Probate_court

    A probate court (sometimes called a surrogate court) is a court that has competence in a jurisdiction to deal with matters of probate and the administration of estates. [1] In some jurisdictions, such courts may be referred to as orphans' courts [ 2 ] or courts of ordinary.

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